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$DCI said that for FY17, the company expects its tax rate to be between 26.7-28.7% and CapEx is expected between $70-80MM. On share repurchase, the company expects to repurchase between 2-3% of its outstanding shares. Also, cash conversion in FY17 is anticipated in the 90-100% range.
For the past few years, $AAPL has been buying domains with the iCloud name. According to a report from TechCrunch, the latest acquisition was of the domain name iCloud.net.
$AAPL just released the first look of its $5 billion Cupertino campus, now named Apple Park. Take a look.
Looking forward to the first $TSLA earnings after SolarCity acquisition.